Vodafone’s new CEO unveils a strategic plan targeting financial revitalization, including cutting 12% of its global workforce to streamline operations. Amid disappointing earnings and stagnant growth, can the company regain competitiveness with this bold approach?
Vodafone welcomes e& as a major shareholder, forming a strategic alliance to enhance connectivity and digital services. With e&’s CEO joining Vodafone’s board, the collaboration paves the way for joint ventures in carrier, wholesale, roaming, and Open RAN technology.
Vodafone UK embarks on a nationwide 3G shutdown, prioritizing modern 4G and 5G networks while retaining 2G for low-power IoT devices. As other UK telecom operators plan gradual phase-outs, industry experts debate the journey to meet the government’s coverage goals.
Vodafone and WWF have announced a new relationship that will advance the communications company’s net-zero goal for 2040, while enhancing the circular economy through the collecting and recycling of smartphones. The program is a component of Vodafone’s three-year alliance with WWF, with initiatives being focused on assisting customers to make more environmentally friendly decisions. The “One million phones for the planet” campaign went live on November 22nd, 2022 in support of Vodafone’s circularity and net-zero goals. The new project contributes to Vodafone’s goal of reusing, reselling or recycling 100% of its network waste. Additionally, it will accelerate progress toward the company’s flagship net-zero goal. Customers in Europe and Africa will be encouraged to trade in their outdated mobile devices for repair, refurbishment or recycling. Vodafone will donate £1, or the equivalent in local currency, for every phone collected as a contribution to WWF conservation projects all across the…
In an agreement with Altice Europe, Vodafone Group will roll out Fiber-to-the-Home in Germany as part of a €7 billion investment in its largest market. This collaboration complements Vodafone’s well-defined objectives for upgrading its current hybrid fiber cable network. According to a statement released by the two corporations on Monday, FibreCo, a 50/50 fiber partnership between Vodafone and Altice, will deploy fiber optic lines to as many as 7 million residences in Germany. Approximately 70% of the cost will be covered by debt raised by the new company. The transaction is scheduled to be completed in the first half of 2023. The transaction is thought to yield Vodafone up to €1.2 billion in cash proceeds from Altice, which is projected to exceed Vodafone’s portion of stock commitments. The profits include €120 million upon closure, up to €487 million in deferred payments as additional homes are connected, and another…
Vodafone and CK Hutchison are in negotiations to merge their companies in the United Kingdom in order to establish a market-leading mobile network that may advance the roll-out of 5G services and boost Internet accessibility. Combining Vodafone UK with Hutchison’s Three, Britain’s third and fourth largest networks, would result in a company with around 27 million mobile subscribers. Vodafone stated that CK Hutchison would hold 49% of the business and Vodafone would own 51%, an arrangement that would be accomplished by altering debt ownership rather than by trading cash. Reports of a possible partnership between the two companies surfaced earlier this year. The global corporation CK Hutchison stated that no legally binding agreement for such a merger has been entered into, but the proposed acquisition is expected to require that both businesses would integrate their UK companies. CK Hutchison further said that there is no guarantee that any…
‘Vodafone Business UC with RingCentral’ has been introduced to the German market by Vodafone Germany and RingCentral, a supplier of worldwide business cloud communications. The newly released Unified Communications (UC) platform combines RingCentral’s flagship offering, RingCentral Message Video Phone™ (MVP™), with Vodafone’s mobility and 5G technology. Businesses now have another compelling option to migrate from their current infrastructure to the cloud thanks to this new unified communications solution. Vodafone Business UC with RingCentral enables staff to work from anywhere by providing a single app for team messaging, video meetings and a cloud phone system, and it provides a flexible yet dependable solution to handle the complexities of everyday work. In order to make communication and collaboration easier, this highly secure system offers call recording, HD video meetings, and many other new features. End users will also benefit from the numerous distinctive features, such as the AI-based Advanced Meeting…
The UK’s first live wind and solar-powered mobile phone mast has been activated in Pembrokeshire (Wales) by Vodafone UK. The self-powered mast will provide 4G service to the community of Eglwyswrw and will be powered by a wind turbine, solar panels and on-site battery storage. The new mast contributes to Vodafone’s goal of achieving net zero emissions by 2027 for its UK operations. The mast is meant to eliminate the requirement for a connection to the national energy grid, a strategy that will assist in delivering connectivity in rural and distant places that are now without those critical services. The mast is equipped with a one-of-a-kind wind turbine that can generate electricity even in low wind conditions and can be deployed without the need for electrical connections. This infrastructure is also extremely quiet, making it ideal for installation in sensitive locations. The study is being carried out…
Oracle Communications has been chosen by Vodafone UK to lead the network policy for its standalone 5G network. Vodafone will be able to make more intelligent policy decisions and swiftly test and deploy new services using Oracle’s cloud native network policy management technology as part of its 5G core. Customers will be able to get their hands on exciting new 5G options sooner, thanks to this new agreement, which includes holographic calls, lag-free 5G game streaming and film downloads up to 4X faster than 4G networks. The solution, which is comprised of Oracle’s 5G Core Policy Control Function (PCF) and Policy and Charging Rules Function (PCRF), enables the implementation of sophisticated network policies across wireless, fixed and cable networks, as well as IoT and machine-to-machine (M2M) networks. In the case of Vodafone, the solution will provide data from which Vodafone customers may select the optimal network offer…
Vodafone and Iliad are in negotiations to merge their respective businesses in Italy. Such a merger would provide advantages for both corporations in one of Europe’s most competitive markets and should be positive for the industry in general. Discussions between the two corporations are ongoing, and both sides are actively looking for ways to connect their separate businesses together in Italy. If the merger is approved, it will create a telecommunications giant with over 36% mobile market penetration and combined sales of nearly $6.80 billion. Vodafone and The Iliad both declined to comment on the negotiations. The talks take place as the local incumbent, Telecom Italia, continues to evaluate a $12.25 billion acquisition offer from US investor KKR aimed at taking Italy’s largest phone business private. Industry leaders have frequently recommended the pursuit of four-to-three telecom mergers, which may generate cost synergies and boost margins by reducing…
